Whether it is incumbent on the assessee to set-off loss from share trading business from the dividend income, exempt u/s 10(34), as dividend income is a part of income , as defined u/s 2(24)(ii) of the Act, under the head 'Income form Other Sources' and was later on made exempt w.e.f.01.04.2004? Also Section 70 contemplates set-off of losses against income from any other source, and income includes dividend exempt u/s 10(33).

hiiiiiiii

One of my frnd wants to sell his house,& the Registry of the flat is for 80,000/-,but the market value is aprox 15,00,000/-.So can he take the balance amount thru DD,if yes how he can show this money that whrere this money cames from .


Sandeep Seth

i want solution for that how i can complete maths portion bcoz i am not take maths subject in hsc

Whether TDS is necessary on commission paid on export sale to Foreigh Citizen? If yes what is the % and under which section.

Sir, I wish to know that service tax is applicable on building works contract in govt affliated educational institutes such as IIT,IIM, IIIT

I am ca final student of ICAI. I had not attempted ca exam past many years. Final
Gr. II only pending. I would like to attempt coming NOv. 2009. Please tell me Which syllabus I must follows to Nov. 2009, whether old syllabus or new syllabus.

Can Service Tax Credit can be availed fully if a service provider is providing a service with 90% abatement?
For instance: A service provider provides a service for Rs.10,000/- and after deducting 90% abatement, he has to pay service tax on Rs.1,000/-, i.e. 10.3% of Rs.1,000/- = Rs.103/- will be the service tax payable. Now he has taken Cenvat credit of Rs.100/- on input services received directly. Can he can utilize the full cedit of Rs.100/- towards payment of service tax of Rs.103/-?, if yes will he has to pay just Rs.3/- (Rs.103/- - Rs.100/-)?

I was recently penalised Rs. 276 by ICICI bank as an ECS of Rs. 2000 bounced due to insufficient funds in my SB A/c, eventhough on the same day there were enough funds credited to my A/c from salary, chq. credits etc. during the business hrs.

ICICI bank is saying there is an RBI guideline that the previous days closing balance will be considered for honouring ECS or Cheque payments and not the balance during the days business hrs. can some one throw some light on the correctness of this statement.

Please clarify the following queries :
a. Cenvat Credit pro-rata
b. SuspenseAccount

Thanks in advance,

We have manufacturing unit Also we provide services against repairs & maintenace and so we collect service tax on it. As per our ST returns we have Rs30,000 credit as on 31.03.2009 (2008-09).

i would like to know can we utilised this amount to pay Cenvat in this year (2009-10)

Plz guide us

regards